Portugal Inflation Eases In June

Portugal's consumer prices inflation eased in June, preliminary data from Statistics Portugal showed on Wednesday.

The consumer price index rose 0.5 percent year-on-year in June, following a 1.24 percent increase in May.

The core CPI, which excludes energy and unprocessed food products components fell 0.25 percent yearly in June, after a 0.63 percent gain in the previous month.

On a monthly basis, consumer prices rose 0.14 percent in June, after a 0.24 percent increase in the previous month.

The EU measure of harmonized index of consumer price, or HICP, decreased 0.6 percent annually in June, after a 0.5 percent rise in the prior month.

On a month-on-month basis, the HICP rose 0.2 percent in June, after a 0.3 percent increase in the preceding month.

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